The Paris-based lender is currently in negotiations with U.S. authorities. At least 10 banks have settled such allegations, part of a crackdown by New York and federal investigators that has caused upheaval among European banks.

BNP Paribas said in February it had booked a $1.1 billion provision after an internal probe conducted over the past few years showed “a significant volume of transactions” from 2002 to 2009 that could be “considered impermissible under U.S. laws and regulations including, in particular, those of the Office of Foreign Assets Control.”

Shell’s first-quarter profit on a current cost of supplies basis—equivalent to the net profit reported by U.S. oil companies—fell 44% to $4.47 billion. First-quarter revenue fell to $109.66 billion from $112.81 billion a year earlier, while net profit fell to $4.51 billion, compared with $8.18 billion.

However, its adjusted net income of $7.33 billion in the first quarter significantly beat expectations, said Peter Hutton, an analyst at RBC Capital Markets, who has been looking for $4.52 billion.

“This was a beat of +48% against consensus, and close to matching the strong results in 1Q 2013,” Mr. Hutton added, and was reflected in most divisions.

BBVA said net profit was €624 million, down from €1.7 billion last year, and missing analysts’ expectations of €651.6 million. Exceptional gains from a year earlier weren’t repeated for this quarter. Net income in Spain was stronger than expected, largely on higher trading income. “The main weakness was from LatAm with net income down 33% q-o-q, as FX rates start to catch up with BBVA (particularly in Venezuela). We would continue to see further downside risks from FX,” said analysts at Nomura.